Collusion is when businesses:
A)agree to cooperate,and their behavior does not serve public interest.
B)agree to cooperate,and the U.S.government works hard to encourage this behavior.
C)have noncooperative outcomes,because they compete outside the public eye.
D)act in their own self-interest and ignore what the other businesses are doing.

Question

Quizplus · Accepted Answer

Collusion involves businesses agreeing to cooperate in a way that does not serve the public interest. The result of collusion is typically anti-competitive behavior that harms consumers and reduces economic efficiency.

Collusion Is When Businesses